Press Releases 2003

SOFTBANK announces a partial sale of its holding in cyber communications inc. (revised)

Oct. 7, 2003

SOFTBANK CORP. revises the news release “a partial sale of its holding in cyber communications inc.” on September 30, 2003 as follows

before revision

The number of shares sold Period in which gain on sale of investment securities to be recognized Amount of gain on sale of investment securities
40,000 shares 3rd quarter of the fiscal year 2004 (expected) Approx. 7.0 billion yen (expected)

after revision

The number of shares sold / to be sold Period in which gain on sale of investment securities recognized / to be recognized Amount of gain on sale of investment securities
35,000 shares 2nd quarter of the fiscal year 2004 Approx. 6.1 billion yen
5,000 shares (upper limit) (over allotment)* 3rd quarter of the fiscal year 2004 (expected) Approx. 900 million yen (expected)
[Note]
  • *The amount of gain on sale of investment securities through over allotment will be announced immediately after such amount is fixed.
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